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Weekend Reading

Your Phone: by Scott Adams. “I was thinking about how different our lives will be as cell phone technology continues to improve. Someday your phone will be your only computer, and your home will have a screen in every room that senses the proximity of any phone that approaches.”

A Local Revolution: by Paul Graham. “The first [idea] is that startups may represent a new economic phase, on the scale of the Industrial Revolution…The second idea is that startups are a type of business that flourishes in certain places that specialize in it—that Silicon Valley specializes in startups in the same way Los Angeles specializes in movies, or New York in finance.”

Default Behavior and the Internet Operating System: by Fred Wilson. “Don’t make a frontal assault on a default service. Build or finance a service that can become a new default function in the Internet operating system. And if you have a shot at becoming one of these default functions, invest all of your time and energy attaining and solidifying that default position before working on monetizing it.”

Harnessing India’s Technological Potential: by Rajeev Mantri on Wall Street Journal’s India site. “India missed the information technology and electronics manufacturing wave. If India is to transform itself from an economy driven by agriculture and services to one with high-technology industry and manufacturing as its bedrock, it should put in place effective policies to ride the new Schumpeterian wave of creative destruction driven by physical sciences-based technology.”